Money Movement
Money Movement - Principal Bank's online money transfer service - lets you conveniently transfer money with the click of a mouse between your Principal Bank accounts and checking, savings, and investment accounts - even those at other financial institutions. Money Movement lets you transfer money online between your accounts, even if the accounts are at other banks. It can also be used to make payments on your Principal Bank loan, and deposits into your accounts. It's simple, convenient and secure.
Whether you're at home, at work, or on the road, now you can transfer money online anytime, any place you have Internet access. Once an account is set up, an external money transfer request takes only moments, and will be completed in three business days. Money transfers made between Principal Bank accounts are completed in real time.
With Money Movement you can:
- Transfer money online between accounts at Principal Bank
- Transfer money online between your Principal Bank account and your accounts at other financial institutions all across the country
- Make online payments on your Principal Bank loan
- Transfer money online to family and friends with Principal Bank accounts
- Set up one-time or recurring online money transfers
Transfer money in or transfer money out. With Money Movement, the choice is yours!
Money Movement is available for the following Principal Bank accounts:
- Checking
- Regular, Advantage, and Money Market Savings accounts
- Home Equity Loan or Line of Credit accounts
Please note: Money Movement is currently not available for Health Savings Accounts to ensure that your contributions are credited to the correct tax year.
You must be enrolled in online access to use Money Movement. Enroll now.
If you're already enrolled in online access, learn more about Money Movement here.
- No fees are assessed by Principal Bank for transfers into your Principal Bank account. Fees for other transfers currently vary from $3.00 - $11.00. Transfer fees, if applicable, will be disclosed on your Money Movement transaction screen before transfer is completed.
